Verpackungsindustrie gewinnt an Bedeutung
Article Abstract:
China is a promising market for the importers of packaging machinery. The quality of domestic packaging production is still low. The insufficient quality of packaging causes huge losses every year. By 2010, China is to invest US$ 12bn in the modernisation of the packaging industry. In line with the changing consumption habits - such as shopping in supermarkets and increasing demand for frozen food, convenience and dairy products - demand for plastic packaging, aluminium cans as well as high-quality glass packaging for cosmetics and pharmaceuticals is rising. In 1996, Chinese firms manufactured 350,000 packaging machines, which is to be increased to 500,000-550,000 by 2000. Although the local manufacturers cannot alone meet the rising demand, imports are decreasing. In 1997, China imported packaging, filling and labelling machinery worth US$ 244.2mn, down from US$ 351.1mn in 1996. Imports from Germany accounted for US$ 75.4mn (US$ 102mn).
Comment:
China: By 2010, the country is to invest $12 bil in the modernisation of the packaging industry
Publication Name: Nachrichten fur Aussenhandel
Subject: Business, international
ISSN: 0027-741X
Year: 1998
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Einziger R hrenhersteller stellt die Fertigung ein
Article Abstract:
The only Hungarian manufacturer of seamless steel pipes, Csepel Csogyar has ceased production due to severe financial difficulties. The reasons are a weak domestic demand and competition of importers. In 1997, the factory produced 25,000 t of pipes, 10,000 t of which was exported. The state-owned holding company APV Rt has not been able to sell the pipe producer, debts of which amount to Ft 3bn.
Comment:
Steel pipe mfr ceases production due to severe financial difficulties
Publication Name: Nachrichten fur Aussenhandel
Subject: Business, international
ISSN: 0027-741X
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
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